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Notes on "A Code for Fiscal Stability"

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NBER1998-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6522
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This note comments on two central issues for fiscal policy design in the UK, highlighted in the recent Code for Fiscal Stability' proposed by the new Labour government. The first concerns the merits of the so-called golden rule of public sector investment' -- the proposition that, over the cycle,
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1998-04-01
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